Gigachad Meme Coin Price Prediction

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After witnessing an impressive price action that took it to its current all-time high of $0.03047 on Friday, Gigachad ($GIGA) is gradually starting the new week in the red zone, falling 3% in the last 24 hours to trade at $0.02114.

However, despite the slight correction in its price, Gigachad ($GIGA) still ranks high among the top trending cryptos on CoinmarketCap, thanks to its multiple endorsements by its iconic figure, Ernest Khalimov, and popular bodybuilder, Mike “Titan” O’Hearn.

More so, according to CoinGecko, the celebrity meme coin is still up 91% in the last fourteen days and boasts a market cap exceeding $200 million. 

Can $GIGA achieve billions of dollars in market cap anytime soon? How high can it go before the end of August? In this article, we try to analyze the possible price trajectory of $GIGA, taking into account its core fundamentals and the situations in the broader market. 

What Is Gigachad ($GIGA)?

Gigachad ($GIGA) is a new celebrity meme coin that has caught the attention of the investing community. Built on Solana, $GIGA draws its value from the strength of its community and the popularity of its meme posture. 

The project came into life after pictures of a Russian model, Ernest Khalimov (known as Berlin 1969 on Instagram) went viral on the internet. Khalimov is one of the models featured by Krista Sudmalis in her “Sleek n Tears” project. 

Among other models, Khalimov’s pictures triggered heavy buzz on social media, with many referring to him as the “gigachad.” The name is in reference to the popular internet phrase “Chad” which implies an alpha male. 

So far, Khalimov has endorsed Gigachad, thereby solidifying its presence in the market. 

Also, contributing to its appeal is its connection with a leading fitness brand, Giga Fitness. With that, Gigachad has become a source of strength for individuals who prioritize their fitness. 

Is $GIGA The Next Pepe? 

Despite having no long-term plan, roadmap, or real utility, Pepe got off to an explosive start, surpassing the $2 billion market cap threshold within 30 days of its launch. The top meme coin quickly captured the imaginations of crypto whales due to its quirky Pepe the Frog theme and listing on top-tier exchanges like Binance and Coinbase. 

Since its debut, the Pepe price jumped 12000% to bring more than 100x returns to earliest investors. Moreover, amid the massive surge of interest in meme coins in May 2024, Pepe made headlines after it became the third meme coin to hit the $7 billion milestone. 

Without a doubt, Pepe’s meteoric rise, despite promising no real-world use case, sets the benchmark for what similar meme coins can achieve within a short timeframe. Even amid the influx of new tokens competing for market share, the token has continued to rule the meme coin charts, becoming the third-largest token in the niche. At press time, Pepe has a staggering market cap of over $3.3 billion.

While the meme coin has seen a heavy retracement in its price over the past few months, there’s no doubt that it has made many of its early movers millionaires. 

Gigachad (GIGA) is another meme coin project that aims to follow in the footsteps of Pepe. Despite being a new entrant, the token has capitalized on the Solana meme craze and its numerous celebrity endorsements to gain traction, surging 1700% since its launch. 

That being said, multiple factors including the project’s strong Giga Chad meme culture and connection with the viral sports brand, Giga Fitness will keep it going in the long run. Renowned as the first-of-its-kind decentralized fitness brand, Giga Fitness believes in the powers of memes and community engagement to improve its products and services. 

As such, it is no surprise that Gigachad ($GIGA) has leveraged its affiliation with the innovative fitness store to secure the support of well-known fitness celebrities such as the UFC fighter Paulo Costa, with more endorsements still on the horizon. 

Moreover, considering the rising popularity of the Giga Chad concept, influential market experts like Jacob Bury say Gigachad will possibly generate more interest in the coming months, which will, in turn, impact its future price performance. Already, the token has gained the attention of many degen investors who see it as a promising meme coin investment opportunity. 

Above all, if investors continue to show more interest in Solana meme coins, $GIGA will surely be one of the top tokens on their watchlists. This Solana factor, coupled with its community support and Giga Chad posture may help $GIGA to go through the same motions as Pepe, positioning it as one of the potential members of the multibillion-dollar market cap club. 

Meanwhile, whether $GIGA can achieve this milestone anytime soon will also depend on current realities in the broader market as well as possible developments around the project. However, since the developer has yet to discuss any potential utility for the token, it is quite challenging to gauge its long-term growth. 

Therefore, investors seeking a new meme coin with a robust utility and potential to deliver both short and long-term gains should consider Pepe Unchained (PEPU). 

Pepe Unchained Is Another New Meme Coin That Can Replicate The Success Of $Pepe

Thanks to its combination of humor and functionality, Pepe Unchained (PEPU) has emerged as one of the hottest meme coin ICOs around. 

Since making a grand entry into the market a few months ago, the new meme coin has witnessed unprecedented demand, garnering over $9.3 million from early buyers.

At the heart of Pepe Unchained’s viral success is its lofty ambition to revolutionize the meme coin landscape and enhance the functionality of Pepe through its layer-2 chain. Described as the upgraded version of the Pepe coin, Pepe Unchained sets itself apart by offering a native layer-2 network that can process transactions 100x faster than Ethereum, making it possible for traders to seize potential opportunities in the market. 

In its engaging lore, Pepe Unchained illustrates how Pepe’s confinement to a clunky layer-1 server room has limited its full potential. Don’t forget that Pepe, in spite of its widespread acceptance, is trapped on a layer-1 network that’s characterized by network congestion and high gas fees.

To eliminate these problems, this groundbreaking project, according to its lore, has devised a master plan to break the old chains and create a new one, known as Pepe Unchained. 

By introducing a layer-2 chain that can bring down transaction costs and deliver improved speed and higher efficiency, Pepe Unchained has been tipped by famous crypto publications like Cointelegraph, Finbold, and Coingape to become a significant player in the crypto space.

Another vital aspect of the project that has contributed to its excellent presale outing is its standard staking mechanism which offers an unparalleled level of reward potential. This strategic offering has resonated with a significant number of investors who are eager to maximize their returns while contributing to the overall stability of the Pepe Unchained ecosystem. 

As per the project’s website, those who buy and stake $PEPU right now will savor a three-digit APY reward.

More so, in keeping true to its mission to provide investors with a higher level of confidence and security, Pepe Unchained has undergone two audits from reputable blockchain firms, SolidProof and Coinsult. The dual audits, which reveal no vulnerability in its smart contracts, establish Pepe Unchained as a credible investment option.

Major YouTubers like ClayBro believe this milestone alongside its viral meme and layer-2 fundamentals will strengthen its potential for market success. 

Besides ClayBro, another popular YouTuber who has spoken about the explosive potential of Pepe Unchained (PEPU) is Jacob Bury. In a  recent video, the prominent analyst identified the meme coin as one of the top meme coins to buy now, saying it has 10x potential once it goes live.

Finally, the Pepe Unchained’s presale is still live, meaning investors can still buy the token at discounted rates. For those interested, the token is currently selling for as low as $0.00916 and can be acquired through ETH, USDT, BNB, and credit/debit cards.

To stay updated about its future listings, follow Pepe Unchained on X or join its Telegram channel.

*Cryptonomist did not write the article or test the platform.

Source: https://en.cryptonomist.ch/2024/08/19/gigachad-meme-coin-price-prediction-is-giga-the-next-pepe/